Trimester/ Specialisation / Batch
Programme Year
PGDM 2016-18
Credit No of sessions Duration

3 15 2 hours each
Quantitative Techniques
Cell No Res / Office No E Mail
Ramanath Krishnamoorthy ramanath.krishnamoorthy

Learning Objectives for the Subject

Please add a few lines describing the learning objectives for this course (this could be in terms of
what the student is able to do at the end of the course)

This is an introductory course on Quantitative Techniques. The objectives of the course are:

Introducing the basic concepts involved in statistical reasoning

To provide confidence in drawing meaningful and valid conclusions from data

To provide exposure to the right tools to be able to perform basic and advanced data analysis

To provide exposure to a large data-base thereby learning the process of converting data to information
and information to knowledge.

Alignment of Course to Program Goals and Objectives
(please tick mark Program Goals and Objectives which are relevant to this course – you could
add objectives if necessary )

Goal/Competency Specific Behavioural Attributes / Objectives

1 Leadership  Takes Initiative / is Proactive
  Generates agreement in a group in any situation.
 Is Result Oriented
 Takes calculated risks

2 Critical /Analytical  Analyses situations using tangible and intangible
Thinking information.
 Analyses a problem to its root cause.
Academic year 13-14/TLP/Oct13/T-V/ADC

locational & cultural.  Views problems and solutions from a global perspective – organizational. 6 Communication Skills  Demonstrates good written skills  Demonstrates good spoken skills   Demonstrates good personal impact skills Learning Outcome The following are the learning outcomes of this course : To be able to properly present and describe data in tables and charts To make inferences about the characteristics of large population based only on information obtained through a sample Understanding variation and how to apply this understanding in improving data analysis To make predictions and obtain reliable forecasts 2 Academic year 13-14/TLP/Oct13/T-V/ADC . tools and techniques.  3 Innovation  Visualizes innovative solutions  Gathers needs holistically 4 Global Perspective  Aware of contemporary globally accepted practices. Society  Is aware of social context and believes in working out solutions based on sustainability principles. 5 Role of Individual in  Demonstrates clarity on his / her personal goals Organization and  Demonstrates sensitivity to ethical issues.

Class Group Exercise 3 Each group makes a presentation their understanding of "My and Class" Presentation My Country . Assurance of Learning Sr No Method planned for AOL Description 1 Theory Each theoretical framework is explained through a discussion in class. Students are provided with data-bases. Basic training on using software programs like Excel and SPSS is provided. 2 Practice Every alternate session is a practice session. Marketing and Statistics . functions and commands Excel Workshop Excel Workshop My Class.Excel We create a data-base of every individual in the class. Every variable can be summarised if we can measure its centre. The NSSO carries out a survey on consumer expenditure once Data Mining the every 3 years NSS Database This data-base is provided to the students and they are asked to 4 present their findings Assignment This gives them an exposure in creating and mining an extremely large data-base My Country . Operations. Central extremes and distribution Tendency and How to measure the centre and extremes of any variable Discussion and 2 Variation How do we do this in Excel. These assignments are discussed and evaluated in class.My on 40 variables is collected. Various methods are discussed.The Finance Art of Zipping or 1 Precis Writing Statistics is about zipping or precis writing Discussion Four buckets that All variables can be classified into four buckets variables fit into Statistics . A question is first raised. 3 Evaluation of learning A combination of 6 assignments and 1 final exam Lec Topics Key Learning Points Pedagogy No Covered Introduction to Why everyone needs to have some basic statistical knowledge Statistics Examples of importance in HR. Information Workshop . students list down the problems they Data Mining the faced while mining this large data-base NSS Database Each problem is discussed and solutions are suggested Students are given an exposure to SQL the universal data-base Discussion and 5 language Excel Workshop 3 Academic year 13-14/TLP/Oct13/T-V/ADC . After the first exposure. Every alternate session is an assignment. The theoretical framework is inter- woven and is achieved as an outcome of these discussions.

consumption Excel based 15 using NSS data Workshop Reference Text Srl No 1.An The improvement in the time-series forecast using these models is 12. SPSS Workshop then demonstrated SPSS. Binomial third parameter and Normal 6 of zipping Excel workshop on how to determine probabilities of Binomial Discussion and Normal distribution functions Correlation and Introduction to Bi-variate analysis Regression The importance of correlation in understanding the relationship Using the "My between two variables Class database to How to estimate one variable given the other using regression Discussion and 7 learn Excel How to validate a regression output Workshop applications How to perform multiple regression in Excel Sampling theory A well designed sample is more reliable than a census Universe size does not impact sample size Sample size depends on the variation of the measured variable and the desired sampling error 8 Randomisation is the only means of selecting an unbiased sample Discussion Sampling : Large databases present their own problems in terms of the time Benefits of using and computing required to analyse the whole database sampling in Sampling is a good solution in order to manage this complexity 9 mining large How to draw a good sample and how to validate the accuracy of Workshop data-bases this sample Time-Series A data-base is provided (Client database with 5 years of monthly Forecasting . Statistics for Management : Levin. Forecasting .based 13 Workshop Index Numbers: The NSSO data-base is used in creating an index of district Creating a consumption in India District Index of 14. Reuben 2 Business Statistics using Excel : Davis. Pecar Business Modeling and Data Mining : Dorian Pyle 3 4 Academic year 13-14/TLP/Oct13/T-V/ADC .An sales data) Excel Workshop The four components of time-series are explained Workshop and 10. The groups then work on a time-series forecast and present their Group 11 findings Presentation Advanced Time. Higher order methods of time-series like Box-Jenkins are applied Series to the same data-base. Probability The importance of understanding the distribution of a variable Distributions the Discussion on two commonly occurring distributions.

Evaluation Schedule Srl No Method Description Credits Group Assignments and 6 research assignments are assigned and 40 marks 1 Presentations the group presents every alternate week Written Exam Final Written Exam 60 marks 2 TOTAL 100 Name of Faculty : Ramanath Krishnamoorthy Date ___________ Signature _____________ COUNTERSIGNED (BY RESPECTIVE SPECIALISATION DEAN) Name of Dean : Date ______________ Signature ____________ 5 Academic year 13-14/TLP/Oct13/T-V/ADC .